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Michael Avenatti Found Guilty of Wire Fraud and Extortion

HeadlineFeb 17, 2020

In New York, attorney Michael Avenatti was found guilty Friday of wire fraud and extorting Nike for up to $25 million. Prosecutors say Avenatti threatened to reveal damaging information on improper payments made by Nike to student athletes, unless they either paid him off or retained his services. Avenatti is best known as Stormy Daniels’s former lawyer during her hush-money case against President Trump. Avenatti faces a maximum prison sentence of 42 years and will be sentenced in June. He is also facing charges in Los Angeles of defrauding clients, and a federal case in New York, in which he is accused of stealing money owed to Stormy Daniels from a book publisher.

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